https://www.engineeringnews.co.za

Kumba wins EY integrated reporting award

19th August 2016

By: Anine Kilian

Contributing Editor Online

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Professional services firm EY has selected Kumba Iron Ore as the overall winner of its Excellence in Integrated Reporting Awards for 2016.

For the awards, EY considered the top 100 JSE-listed companies and top State-owned entities (SOEs). The awards were adjudicated by the University of Cape Town’s College of Accounting.

EY also recognised Oceana Group, Liberty Holdings, Sasol, Redefine Properties, Truworths, Vodacom, Nedbank, Anglo American and Barclays Africa among the best performing companies in terms of integrated reporting.

“There is no doubt that the integrated reports of those companies that take integrated reporting seriously are continually improving, while the integrated reports of those companies that do not, are showing very little improvement,” says College of Accounting associate professor Mark Graham.

He adds that the gap between those reports that are ranked as “excellent” and those that rank in the “average” and “progress to be made” categories is clearly widening each year.
 
Meanwhile, the SOEs were adjudicated on the same basis as the JSE-listed entities; however, owing to the requirements of the Public Finance Management Act, they were ranked separately.

Two SOEs – the Development Bank of Southern Africa and Transnet – were recognised for excellence in integrated reporting.
 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 
Showroom image
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.077 0.132s - 157pq - 2rq
Subscribe Now